Skip to main content

Guidelines for Granting Licences to Start Private Banks

The Reserve Bank of India (RBI) has finalized guidelines for granting licences to start banks in private sector. Vide its Press Release dated 22.02.2013, the RBI has released its “Guidelines for Licences of New Banks in the Private Sector”. Key features of the guidelines include eligible promoters; ‘fit and proper’ criteria; corporate structure of the Non-Operative Financial Holding Company (NOHFC); minimum voting equity capital requirements for bank and shareholding by NOHFC; regulatory framework; foreign shareholding in the bank; corporate governance of NOHFC; prudential norms for the NOHFC; exposure norms; business plan for the bank; other conditions for the bank and additional conditions for NBFCs promoting / converting into a bank. The detailed guidelines are available on the RBI website at http://www.rbi.org.in. As per these guidelines the eligible promoters can submit their application on or before 01.07.2013.
This was stated by the Minister of State for Finance, Shri Namo Narian Meena in a written reply to a question in the Rajya Sabha today.

Comments

Post a Comment

Popular posts from this blog

Discipline Virat can win WCC JUNE 24, 2019 Monsoon in day reach Lucknow Pranati- win the bronze medal M7.3 Earthquake – Banda Sea https://sagarmediainc.com/ INVITATION | LAUNCH OF “SWACHH MAHOTSAVA” CELEBRATIONS BY SH. GAJENDRA SINGH SHEKHAWAT, UNION MINISTER, JAL SHAKTI | 3.45 PM , MONDAY, 24 JUNE | VIGYAN BHAWAN, DELHI Invitation for a discussion on “Emergency: Darkest Hour in Indian Democracy” : S Gurumurthy, Chairman, VIF & Dr A Suryaprakash, Chairman, Prasar Bharti on Monday, 24th June 2019 17.30 NMML Invitation _Dr. Prabha Ravi Shankar_“G.A. Natesan (1873-1949): ‘Old and Dear Friend’ of Mahatma Gandhi”_24 June 2019_3.00pm  CPR and CSH are pleased to invite you to a workshop on ‘Whims of a Digital Boss: The Story of Insecure App-Based Workers in Delhi’ Speaker:  Akriti BhatiaTuesday, 25 June 2019, 3:45 p.m. Centre for Science and Humanities (CSH), 2, Dr APJ Abdul Kalam Road, (formerly Aurangzeb Road) What are the Priorities ...
Post a Comment
20
o: MS&KOINDO Bcc: nksagar_1@yahoo.com 27 May at 1:58 pm KOREA-Jeollabuk-do , Business DELEGATION, 2019 The Lalit Hotel,  New Delhi. Wednesday, 19th June, 2019;  10:00 am –  05:00 pm Dear Sir/Madam, Greetings on the belalf of Jeollabuk-do Business Agency, Korea. We are pleased to inform you that  Jeollabuk-do Business Agency, Korea , New Delhi office is organizing a “One-to-One Business Meeting Program”, on 19 th  June, 2019, which comprises of 10 leading Korean companies. We invite you to join in and explore the opportunities for Direct Imports, Marketing Tie-ups and Joint Venture possibilities with below Korean companies. Korean companies visiting India are: Korean Company Products website 1.     BADAHYANG Co., Ltd, Food http://badaseafood.com 2.     IM CO., LTD., Home Accessories http://en.im-coco.com/ ,  http://ip.im-coc...
Post a Comment
20
Invitation for Vimarsha on 'New templates for India's National Security Management' by Amb PS Raghavan, Chairman, NSAB on Thursday 13th June, 2019 at 5:00pm at  June 11, 2019   No comments:      Email This BlogThis! Share to Twitter Share to Facebook Share to Pinterest at  June 11, 2019   No comments:      Email This BlogThis! Share to Twitter Share to Facebook Share to Pinterest You are cordially invited for a media briefing with Mr. Gajendra Singh Shekhawat, Union Minister for Jal Shakti on issues of  Rural Drinking Water Supply, Water Resources Conservation and Swachh Bharat Mission (Grameen). Date: June 11, 2019 (Tuesday) Time:                         01:00 PM Venue: Vigyan Bhawan, New Delhi Regards, Saloni Sachdeva Public Af...
Post a Comment
20